Iran Deal Nears, Israel-Lebanon Truce Agreed, Oil Futures Spike

1. U.S. President Trump indicated significant progress and a near-deal with Iran, which could potentially lower oil prices and inflation.
2. Israel and Lebanon have agreed to a temporary 10-day ceasefire to advance peace negotiations, a move welcomed by the European Union.
3. Crude oil prices surged sharply in response to geopolitical dynamics, with Brent settling up 4.7% at $99.39 and WTI up 3.72% at $94.69.